SHORT FROM 7775 Short

New Zealand Dollar/Japanese YenFXCM

Description

⋅ Dec 5, 2017 9:43 AM

High probability confluence short trade @ 7775
- Trend: down on 30D basis
- Key Level: previous two retracements target 7778. Also, 50 % fib is also at 7778
- Signal: price is reacting well in 1HR basis

Will look to short with stop above 7825